by | Dec 20, 2024 | Business
SEGWAY Powersports Hits Major Milestone: 100,000th ORV Roll-Off, Launching the Super Villain SX20T into Mass Production
December 20, 2024 – Segway Powersports has reached a significant milestone with the roll-off of its 100,000th off-road vehicle (ORV), marking a key moment in the brand’s rapid ascent within the global off-road vehicle market. This milestone is paired with the launch of the highly anticipated Super Villain SX20T, the company’ s flagship model, now entering mass production. Together, these two accomplishments signal a new chapter in Segway Powersports’ continued expansion and the future of off-road performance.
Since its first ORV hit the market in the end of 2020, Segway Powersports has reached an impressive 100,000 vehicles in just four years – setting a new pace in the off-road vehicle industry and creating the fastest growth record in this sector. This remarkable growth reflects Segway Powersports’ relentless innovation and its focus on delivering exceptional performance across markets worldwide. The brand has quickly carved out a top-tier presence in regions such as Northern and Eastern Europe, where it ranks among the top three in sales, proving its dominance in the high-performance ORV sector.
At the core of this announcement is the Super Villain SX20T, Segway Powersports’ flagship model that sets a new standard for off-road performance. Powered by a robust 2.0T turbocharged engine delivering 235 horsepower and equipped with a 7AT transmission system, the Super Villain SX20T offers unmatched power, stability, and safety. Its bold, futuristic design not only makes a statement but also marks Segway Powersports’ entry into the 200+ horsepower performance segment. This high-performance machine promises off-road enthusiasts an exhilarating driving experience like never before.
In recognition of its technological leadership, Super Villain has been recognized as a 2025 CES Innovation Award Honoree. This honor reflects Segway Powersports’ unwavering commitment to innovation, product excellence, and technological advancement. It also highlights the company’ s vision in driving forward the smart off-road vehicle industry, solidifying Segway Powersports’ role as a global innovator in the field.
“We’re excited about the roll-off of our 100,000th ORV, as it marks both a significant milestone in our journey and the beginning of an important new chapter for Segway Powersports,” said Danny, Segway Powersports brand representative. “The roll-off of the Super Villain SX20T injects fresh momentum into our global strategy. Our focus remains on meeting the evolving needs of our customers and continuing to shape the future of the off-road industry.”
Looking ahead, Segway Powersports is committed to accelerating its global expansion, further enhancing its market presence, and driving technological innovations. The company also aims to push the boundaries of performance through participation in global racing events such as Dakar Rally which serve as a crucial testing ground and enable the brand to refine its technology and prove its capabilities in the most extreme conditions. Segway remains focused on delivering world-class off-road experiences, and its ongoing commitment to innovation ensures it will continue to meet the evolving demands of outdoor enthusiasts around the globe.
by | Dec 20, 2024 | Business
[Jakarta, 20 Desember 2024] – This Christmas season, gamers worldwide can dive into an array of innovative and entertaining games from talented Indonesian developers. Thanks to the support of the Ministry of Communications and Digital (Komdigi) Republic of Indonesia, through the Indonesia Game Developer Exchange (IGDX) program, these developers have had the opportunity to connect with publishers, business partners, investors, and other industry stakeholders.
Now, these amazing titles are ready to bring joy and adventure to your holidays!
A Festive Lineup of Games
Here are some of the featured games you can explore this Christmas:
1. Altravira Adventure – Embark on thrilling quests in a fantasy world.
2. Aquascapers – Build your dream aquarium and care for exotic fish.
3. Burkina Faso: Radical Insurgency – A gripping tactical strategy game.
4. Cat Legends: Idle RPG – A purr-fect idle RPG experience.
5. Cats and Seek: Dino Park – Discover prehistoric surprises.
6. Cats and Seek: Kyoto – Uncover secrets in the beautiful streets of Kyoto.
7. Cookard – Master the art of cooking in this fun simulation game.
8. Crazy Delivery Guy – A wacky, action-packed delivery adventure.
9. Dadoo – A relaxing and challenging puzzle game.
10. Furea Uerzt: Mars Code – Solve mysteries on the red planet.
11. Hell Blasters – Intense shooting action for thrill-seekers.
12. Lawan Gentar – A heroic battle against fearsome foes.
13. Legends of Crystal – Immerse yourself in a world of magic and crystals.
14. Matchmaker Agency – Create perfect matches in this unique simulation.
15. Memory Matrix: Test Your Memory – Sharpen your cognitive skills.
16. My Otaku Girlfriend – A lighthearted interactive romance game.
17. Nikahan Mantan (My Ex’s Wedding) – Experience a mix of humor and drama.
18. Odd Sequence – Challenge your brain with unique puzzles.
19. Polisi Si Petarung – Play as a brave fighting officer.
20. Quiz Clash – Test your knowledge and compete with friends.
21. Solar Serpent Squadron – Fly high in this sci-fi adventure.
22. Warung Seblak Nusantara – Cook and serve Indonesian culinary delights.
23. Warung Angkringan Nusantara – Explore the world of traditional street food.
24. My Minimart Empire – Build and manage your own minimart.
25. The Anomalous Hour – Unravel the mysteries of time.
26. The Hiking Hawk – Explore breathtaking trails and nature.
27. Warnet Life 2 – Dive into the life of a bustling internet café owner.
28. Where is My Cat – Go on a heartfelt journey to find your feline friend.
29. Xelia Chronicles: Last Order – A captivating RPG with epic battles.
A Celebration of Local Talent
Through IGDX, Indonesian game developers have gained global exposure, enhancing their creative skills and building connections that empower them to share their unique stories and experiences through gaming.
“We are proud to see Indonesian developers creating such diverse and engaging games. This initiative demonstrates our commitment to supporting the creative economy and showcasing Indonesia’s talent on the global stage,” said Boni Pudjianto, representative from the Ministry of Communications and Digital.
Play, Enjoy, and Support
Whether you’re into puzzles, RPGs, or simulations, there’s something for everyone in this exciting lineup. Celebrate the holidays with these games and support the amazing work of Indonesian developers.
For more information on these games and IGDX, visit www.igdx.id] or follow us on @igdx.id
Media Contact: Indonesia Game Developer Exchange (IGDX)
in**@**dx.id
by | Dec 20, 2024 | Business
Discover XRP’s price prediction for 2025: Can it reach $500? Explore expert analysis on Ripple’s growth potential, market dynamics, technological advancements, and regulatory challenges shaping its future.
The cryptocurrency market has seen Ripple’s XRP stand out as a resilient and ambitious player. Despite recent price fluctuations, the outlook for XRP remains optimistic, with experts predicting a potential surge to $5 by 2025.
This article delves into the factors shaping XRP’s trajectory, historical performance, technological advancements, and market challenges.
XRP Price Action and Support Levels
After an impressive rally of over 350% in a single month, XRP’s price recently declined to $2.3793, marking a healthy correction. Analysts highlight the importance of this retracement, as it provides a robust support base of around $2.
Technical and fundamental indicators suggest that XRP is positioned for another upward move, potentially targeting $5 in the coming years.
Regulatory Landscape and Market Position
A favorable regulatory framework anticipated for 2025 could be pivotal for XRP. Ripple’s partnerships with financial institutions worldwide underscore its utility in facilitating fast, cost-effective cross-border payments.
With a projected market cap recovery to $360 billion, XRP’s price could stabilize around $5, reinforcing its position as a top-tier cryptocurrency.
While some analysts predict XRP could reach $20 to $50, these projections remain speculative and overly optimistic in the short term. However, Ripple’s use case and strong community support suggest sustained growth potential.
XRP’s Historical Performance and Market Optimism
XRP’s meteoric rise from $0.003 in January 2017 to $3.31 in January 2018, marking a 109,899% increase, exemplifies its ability to generate massive returns. This historical performance fuels optimism among both new and seasoned investors.
While some experts argue that reaching $100, $300, or $500 may be unrealistic, more conservative targets like $6 and $11 are deemed achievable with steady market inflows.
XRP’s Challenges in Attaining Lofty Price Targets
Achieving $100 or higher would require monumental market cap growth. At its current circulating supply of 57.1 billion tokens, a $100 price would necessitate a market cap of $5.7 trillion—well above the current global cryptocurrency market cap of $3.63 trillion.
More ambitious targets of $300 and $500 would demand capital inflows rivaling or surpassing Gold’s market cap of $17.9 trillion.
These figures highlight the challenges XRP faces in reaching extreme price levels. However, analysts at Changelly suggest that exponential growth over decades could bring such targets into reach by 2040 or 2050.
Market Dynamics and Potential Catalysts
Recent market activity saw XRP drop by over 5% following the launch of the RLUSD stablecoin. This decline, attributed to profit-taking and Federal Reserve uncertainties, underscores the volatility inherent in the crypto market.
Despite this, Ripple’s innovations—including the RLUSD stablecoin and a potential spot ETF—offer promising catalysts for future growth.
Legal Challenges and Industry Implications
Ripple vs. SEC remains a critical factor influencing XRP’s price. While a recent ruling provided partial clarity, critics argue it created confusion, particularly regarding secondary market transactions.
Former SEC official John Reed Stark’s critique highlights the case’s complexities and implications for the broader crypto industry.
Conclusion: Is It Possible For XRP Price To Reach $500?
XRP’s price prediction for 2025 reflects a blend of optimism and caution. While targets of $100 or more may remain distant, the cryptocurrency’s strong use case, historical performance, and technological advancements position it for steady growth.
With favorable regulatory developments and continued innovation, XRP’s ascent to $5 by 2025 appears attainable, ensuring its relevance in the evolving cryptocurrency landscape.
Quoted from Changelly, the price of XRP has the potential to reach $500. However, this price achievement cannot occur in 2025, but can only occur in about 25 years, namely in 2050. Here is the XRP price prediction from 2026 to 2050.
by | Dec 19, 2024 | Business
Introduction
Let’s face it: every organization wishes for a high-performing team that consistently hits targets and operates like a well-oiled machine. However, how can you turn that dream into reality? Enter motivational events! These aren’t just fancy gatherings or team outings (they’re specially crafted experiences) to uplift, energize, and align your team with your goals. Although some people might view them as unnecessary, consider them the secret sauce to unlocking your team’s full potential. This is important because a motivated team can accomplish great things!
What Are Motivational Events?
Motivational events (which can be super fun) are activities or programs that are specially organized to inspire and energize employees. They help improve teamwork, communication, and productivity. These events can range from casual outings to more structured corporate seminars. All of this aims to strengthen team bonds and encourage a positive work environment. However, not every event will have the same impact. Although some might be more effective, because of how they are designed, they can still make a difference. This variety of events means that companies can choose what fits them best.
Examples of Motivational Events
Off-site team-building activities
Leadership workshops
Recognition and reward ceremonies
Fun corporate retreats
Benefits of Motivational Events
Improved Team Morale
Motivational events (such as workshops or team-building activities) help create a positive atmosphere and encourage appreciation. When workers feel valued, their enthusiasm and commitment naturally go up. However, some people might say that these events only provide temporary boosts. But the reality is, they can bring about long-term benefits. Although the results may not be obvious right away, this sense of recognition is important because it nurtures a supportive work environment. As a result, employees are more likely to fully engage in their tasks.
Enhanced Communication Skills
Whether it’s a group activity (such as a team project) or a brainstorming session, these events promote open dialogue and help break down communication barriers. However, some individuals might feel shy or reluctant to share their ideas, making it hard for everyone to participate. Although creating a comfortable environment is essential, not everyone is ready to speak up. Because of this, facilitators should find ways to involve all participants.
Fostering Creativity and Innovation
Creative exercises during events can spark (out-of-the-box) thinking. This enables teams to confront challenges with new perspectives. However, some people might find these activities uncomfortable. They might prefer more traditional methods, but it’s important to remember that creativity can lead to better solutions. Although it can be challenging to step outside your comfort zone, doing so can result in innovative ideas. Because of this, organizations should consider (incorpo-rating) such exercises into their events.
Increased Productivity
An engaged and motivated team is (for sure) a productive team. Motivational events can serve as a reset button: they recharge energy levels and enhance efficiency. However, it’s essential to keep in mind that not all events will have the same effect. This is due to the fact that each team member may react differently. Although some might feel invigorated, others might not see a difference, but in general, these events can foster a more dynamic work atmosphere.
Types of Motivational Events
Team-Building Activities
Outdoor adventures (such as obstacle courses or scavenger hunts) are excellent for building trust and friendship. Problem-solving challenges, however, boost teamwork skills. This means that while one activity aims at bonding, the other improves how people cooperate. Although both kinds of activities are helpful, some might prefer one instead of the other. Because of this, it’s crucial to select the right adventure for your group.
Workshops and Seminars
Skill enhancement sessions and inspirational talks can (and often do) make a big impact on employees. They give them new tools for success. However, these sessions aren’t just about learning; they also help with personal growth. This is important because, although employees might pick up new skills, it’s the motivation from these talks that inspires them. Employees feel more engaged and prepared to tackle challenges, but sometimes the effect fades away after a while. Therefore, organizations should keep offering chances for growth and inspiration.
Recognition and Rewards Ceremonies
Recognizing achievements publicly (like during a ceremony) not only boosts morale, but it also inspires others to aim for excellence. This is important because when people see their peers being recognized, they feel motivated. However, some might argue that recognition should be private. Although there are various opinions on this, the positive effects of public acknowledgment are clear: it encourages everyone to do their best.
Corporate Retreats
A relaxed environment (far from the office) can do wonders for team bonding and stress relief. However, this kind of setting isn’t always easy to achieve. Some teams might struggle to find the right spot, but it is crucial for boosting morale. Although it can take time, creating a comfy atmosphere can lead to better teamwork. Because of this, many organizations are now looking into creative ways to encourage a more laid-back vibe.
Planning an Effective Motivational Event
Identify Goals
What do you hope to achieve? (Whether it’s improving communication or fostering creativity,) having clear objectives is really crucial. However, many people struggle with setting these goals. This can be frustrating; but it’s important to remember that clarity helps guide our efforts. Although it may seem difficult at first, taking the time to define your objectives can lead to greater success. Because when we know what we want, we can work toward it more effectively.
Understand Team Needs
Make the event fit the preferences (and aversions) of your team members. This is important, because knowing what they like can create a more fun experience. However, you should also think about their pain points, since tackling these can make the event even better. Although it might require some additional effort, the payoff will be worth it in the end. Remember: a carefully planned event can really strengthen team bonds and boost morale.
Set a Budget
A great event (such as a party or gathering) doesn’t need to be expensive. You can plan according to your budget (1) while ensuring everything is high quality. However, it’s crucial to keep in mind that you can make unforgettable experiences without breaking the bank. This is achievable because you can tap into your creativity and resourcefulness. Although some people believe that pricey events are superior, this is not always the case.
Choose the Right Activities
It’s important to match activities with your team’s dynamic and goals (this can really make a big difference). However, you should think about what works best for everyone involved. Although some activities might look fun, they may not align with your team’s objectives. This is important because picking the right activities can boost teamwork and productivity. But don’t forget, it’s also about having fun while reaching your goals. So, take the time to discover the perfect balance!
Post-Event Analysis
Gather feedback and evaluate the event’s impact (to plan better in the future). Incorporating motivational events into your workplace is important. Motivational events shouldn’t be a one-off thing; however, they should be a regular part of your company culture. Make them happen regularly (at least once every few months). Always encourage employee feedback, because this will help ensure that events remain relevant and effective. Although some might think these events are unnecessary, they can boost morale and productivity.
Real-Life Success Stories
Think about Google’s “TGIF” meetings (which help employees connect with leaders in a relaxed setting), enhancing both transparency and morale. Then there’s Zappos, a company that includes quirky team-building exercises (to encourage creativity). These businesses show that motivational events aren’t merely a luxury; they’re essential. However, some people might say that these activities can be a waste of time. Although this argument has merit, the advantages far outweigh the downsides. After all, when employees are engaged, productivity rises significantly.
Common Mistakes to Avoid
Misalignment with Goals: An event without a purpose is simply (another) party. It’s vital to make sure that activities align with your objectives. Poor Planning: Last-minute arrangements can lead to chaos and reduced impact; however, good planning can make a difference. The Role of Leadership in Motivational Events is crucial because leadership plays a key role in setting the tone for these gatherings. When leaders actively participate, they not only lead by example but also inspire employees to engage fully. Although it may seem like an easy task, effective leadership can significantly enhance the overall experience of the event.
Conclusion
Motivational events are more than just “nice-to-haves” (1); they’re essential for any team that wants to perform at its best. By fostering stronger relationships, improving communication, and boosting morale, these events can transform your team into a powerhouse of productivity and innovation. However, some people might think they are unimportant (2). Although this could be true for a few, most teams benefit greatly from them. Ready to boost your team’s performance? Start planning your first motivational event today!
FAQs
What is the best frequency for motivational events?
(Many) people believe that having these events quarterly often strikes the right balance between how often they occur and their impact.
How can you measure the success of a motivational event?
You can use surveys, team feedback, and performance metrics to gauge effectiveness. Can motivational events be effective for remote teams? Absolutely! Virtual team-building activities and online workshops can be just as powerful.
What budget should I set aside for these events?
This really depends on your organization’s size and goals, however, even low-cost events can work well—especially if they are planned carefully.
How can small businesses create impactful motivational events?
They should focus on cost-effective activities like local team outings, in-house workshops, or simple recognition programs. Although it’s important to remember that every effort counts, this does not mean you need to spend a lot.
by Penny Angeles-Tan | Dec 19, 2024 | Business
Explore recent developments in Bitcoin, the Federal Reserve’s stance, and BTC price trends. Learn how macroeconomic policies, Bitcoin Rainbow Chart insights, and expert predictions could shape Bitcoin’s future, with forecasts of Bitcoin price by 2025.
Federal Reserve Chair Jerome Powell recently reaffirmed the institution’s legal stance on Bitcoin reserves. Speaking at a post-monetary decision conference, Powell stated that the U.S. central bank is legally barred from holding Bitcoin as a reserve asset.
Powell emphasized that current laws prevent the Federal Reserve from maintaining a Bitcoin reserve and that there is no interest in pursuing legal changes to allow for such holdings.
Powell’s remarks, coming after the year’s final Federal Open Market Committee (FOMC) meeting, reiterated the Fed’s consistent position on this issue.
Context Behind Powell’s Comments
These statements come as Bitcoin reached new all-time highs and amid significant global developments in cryptocurrency adoption. Notably, President Donald Trump’s administration has proposed creating a national Bitcoin Strategic Reserve, a policy supported by several legislators and industry leaders.
However, skeptics, such as Nic Carter from Castle Island Ventures, warn that such a move could undermine the U.S. dollar’s position as the global reserve currency. Meanwhile, countries like Russia appear poised to establish their own Bitcoin reserves, potentially escalating geopolitical competition in the cryptocurrency space.
Bitcoin Price Trends and Influences
Bitcoin’s price movements have been closely tied to macroeconomic policies, such as Federal Reserve interest rate decisions. Following the Fed’s recent 25 basis point rate cut, Bitcoin’s price dipped slightly, continuing a downward trend before stabilizing around $101,685.
Despite short-term volatility, Bitcoin has demonstrated significant growth, surpassing its previous all-time high and climbing to over $107,000 earlier in December.
This rally has been fueled by factors including the approval of Spot Bitcoin ETFs and growing skepticism about the U.S. dollar’s long-term stability.
The Role of the Bitcoin Rainbow Chart
The Bitcoin Rainbow Chart, a popular tool in the crypto community, offers a visual representation of Bitcoin’s historical price movements. Using color-coded bands, the chart categorizes market sentiment from “Still Cheap!” to “Sell. Seriously, SELL!”
Here’s a summary of the Bitcoin price zones based on the Bitcoin Rainbow Chart above:
1. Fire Sale (Blue)
– Price: Extremely undervalued.
– Situation: Occurs during bear markets or sharp corrections.
– Ideal Action: Buy aggressively, as this phase reflects extreme pessimism or market overselling.
2. BUY! (Light Blue)
– Price: Low, but with slightly more market confidence than the Fire Sale zone.
– Situation: A favorable time for long-term accumulation.
– Ideal Action: Consider buying Bitcoin.
3. Accumulate (Green)
– Price: Still undervalued, but less so than previous zones.
– Situation: Seen as a good time to accumulate for long-term growth.
– Ideal Action: Build Bitcoin holdings for future potential gains.
4. Still Cheap (Dark Green)
– Price: Starting to rise but still relatively inexpensive.
– Situation: Often occurs during recovery phases after major corrections.
– Ideal Action: Buy or hold depending on your strategy.
5. HODL! (Yellow)
– Price: Rising steadily, and market optimism returns.
– Situation: No longer an ideal time for large purchases.
– Ideal Action: Hold onto your Bitcoin.
6. Is this a bubble? (Light Orange)
– Price: Approaching speculative levels.
– Situation: Market may be overheating.
– Ideal Action: Hold or prepare an exit strategy if you think the market is nearing its peak.
7. FOMO Intensifies (Orange)
– Price: Speculative behavior dominates as Fear of Missing Out (FOMO) drives prices.
– Situation: Gains can still be made, but risks increase significantly.
– Ideal Action: Consider taking profits or selling part of your holdings.
8. Sell. Seriously, SELL! (Red)
– Price: Extreme market euphoria, entering bubble territory.
– Situation: Prices are unsustainable, and corrections are likely.
– Ideal Action: Sell your Bitcoin, as the market peak may be near.
9. Maximum Bubble Territory (Dark Red)
– Price: Peak of speculative mania, extremely high prices.
– Situation: Often followed by sharp corrections.
– Ideal Action: Sell all remaining Bitcoin if you haven’t already.
This chart helps investors strategize based on Bitcoin’s market cycles and price trends.
Bitcoin Price Prediction 2025
Bitcoin price prediction 2025 by analysts could reach between $120,000 and $150,000 by mid-2025, driven by reduced leverage and increased institutional participation. Factors such as ETF approvals and the potential implementation of Trump’s Bitcoin reserve strategy are expected to fuel this growth.
However, risks remain, including the possibility of “stagflation”—a combination of high inflation and economic stagnation—as noted by analysts from The Kobeissi Letter.
If the Federal Reserve mismanages interest rate cuts amidst rising inflation, it could exacerbate market volatility.
Bitcoin: A Long-Term Projections
Michael Saylor, CEO of MicroStrategy, has forecasted that Bitcoin could grow at an average annual rate of 29% over the next 21 years, potentially reaching $13 million by 2045.
This ambitious projection aligns with models based on adoption rates and market cycles. For 2025, estimates suggest a peak price of $261,000, supported by the Rate of Adoption model and enhanced by the rising popularity of Bitcoin ETFs.
Conclusion: Key Takeaways for Investors
As the crypto market continues to evolve, understanding these dynamics will be crucial for navigating opportunities and risks in this rapidly changing landscape. Here some points that you have to pay attention for as investors in crypto market:
1. Regulatory Landscape: The Federal Reserve’s current position and the legal framework surrounding Bitcoin reserves remain unchanged. Investors should monitor developments in government policy and international competition.
2. Market Timing: Tools like the Bitcoin Rainbow Chart provide valuable insights into market phases, aiding in strategic investment decisions.
3. Economic Indicators: Macroeconomic factors, including inflation rates and Federal Reserve policies, will play a critical role in shaping Bitcoin’s trajectory.
4. Long-Term Potential: While short-term volatility is expected, historical patterns suggest strong long-term growth for Bitcoin, making it a valuable asset for patient investors.
by | Dec 19, 2024 | Business
Kuala Lumpur, Malaysia – 19 December 2024 – Nusantara Global Network, a leading digital marketing and business development agency in Southeast Asia, is proud to announce a strategic partnership with Tickmill, a prominent broker in the global Forex and CFD market. Through this collaboration, traders in Malaysia registered under the Nusantara Global Network will gain access to exclusive rebate of up to 100%.
This rebate initiative, provided by Tickmill, offers traders additional benefits through self rebates of $10 for gold and Forex trading, making it one of the largest rebate offers in Malaysia. Nusantara Global Network acts as the Introducing Broker (IB) for Tickmill, providing traders with the opportunity to enjoy direct rebate benefits from their trading activities.
Driving Better Trading Growth with Tickmill
This collaboration is part of Nusantara Global Network‘s effort to expand traders’ access to better trading opportunities in the global market. With continuous high self rebates, traders under this network can reduce their trading costs, thereby maximizing their profits.
“We are excited to partner with Tickmill, a globally recognized broker for its trustworthiness and commitment to traders,” said a representative from Nusantara Global Network. “By offering 100% rebates, we believe this partnership will deliver great value to traders in Malaysia, enabling them to optimize their trading strategies more effectively.”
In addition to attractive rebates, Tickmill is known for its advanced and user-friendly trading platforms, as well as fast trade execution. Traders under Nusantara Global Network now have the opportunity to benefit from both the rebates and the innovative trading technology offered by Tickmill.
Statement from Tickmill
“We are pleased to strengthen our partnership with Nusantara Global Network, one of the leading agencies in Southeast Asia. By offering this exclusive rebate, we hope to empower our traders in Malaysia with more trading power,” said a representative from Tickmill. “This partnership aligns with our mission to support traders worldwide with high-quality trading services and competitive trading conditions.”
About Tickmill
Tickmill is a leading global broker providing access to trading in various asset classes, including Forex, commodities, and CFDs. Tickmill is renowned for its excellent customer service, fast trade execution, and user-friendly platforms. The broker remains committed to providing traders worldwide with the best trading conditions and competitive opportunities.
by | Dec 19, 2024 | Business
UEM Edgenta Berhad (UEM
Edgenta), a leading asset management and infrastructure solutions company in
the region, has had its Islamic Medium-Term Notes (IMTN) under its RM1.0
billion Sukuk Murabahah Programme, with the outstanding
Sukuk standing at RM250.0 million, upgraded to AAIS from AA-IS by MARC
Ratings Berhad (MARC Ratings) for the first time since the rating was
first assigned in 2017. This upgrade
highlights UEM Edgenta’s strong financial position, consistent business growth,
and exceptional operational capabilities across its core segments, including
Healthcare Support Services, Property and Facility Management, Infrastructure
Services and Asset Consultancy.
In its announcement,
MARC Ratings highlighted UEM Edgenta’s sustained ability to generate consistent
cash flows, underpinned by its diversified revenue base and long-term
contracts. For the first nine months of 2024 (9M2024), newly secured contracts
continued to grow, reaching RM2.3 billion (2023: RM2.0 billion), with
healthcare solutions contributing 80%. This includes RM900 million worth of
contracts for Healthcare Support Services in Singapore, spanning a period of
five (5) years.
In infrastructure
services, carried out by wholly-owned subsidiary Edgenta PROPEL Berhad, the
group benefits from a long-term master maintenance services contract with Projek
Lebuhraya Usahasama Berhad (PLUS) for highway maintenance. This contract
ensures a stable income stream through 2038. Additionally, the group’s
acquisition of a 60% equity stake in United Arab Emirates–based Kaizen Group, a
property management company, for RM74.9 million in February 2024, further
expands its property and facility solutions portfolio.
MARC Ratings highlighted
the Company’s improved credit metrics and effective cost management
initiatives, which have contributed to its enhanced risk profile and financial
resilience. The rating agency also acknowledged prudent financial management,
which has bolstered UEM Edgenta’s liquidity position and debt servicing
capacity. For 9M2024, revenue increased by 7.6% y-o-y to RM2.2 billion and
pre-tax profit rose by 5.1% to RM65.6 million. Operating margins have remained
at around 3%, and the group is undertaking initiatives to strengthen the
profitability margin by streamlining operations and leveraging technology to
enhance efficiency. The margin improvements are expected to allay concerns over
the impact from the minimum monthly wage revision to RM1,700 from RM1,500
effective February 2025.
Commenting on the rating
upgrade, Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM
Edgenta, said: “This recognition by MARC Ratings highlights the strength of our
strategic direction and unwavering commitment to delivering value to our
stakeholders. The AAIS
rating reflects UEM Edgenta’s robust financial standing and superior ability to
meet its financial obligations, reinforcing our reputation as a trusted leader
in the asset management and infrastructure solutions sector. It is a testament
to the confidence our clients and partners place in us. Moving forward, we will
continue to harness our expertise to drive sustainable growth and deliver
impactful, innovative solutions across the markets we serve.”
UEM Edgenta’s RM1.0
billion Sukuk Murabahah Programme has been a cornerstone in supporting its
strategic growth initiatives, including investments in technology-driven
innovations and sustainability-focused projects. This latest rating upgrade
enhances the programme’s appeal, positioning it as an attractive opportunity
for investors seeking stable, high-quality investments.
For further information on UEM Edgenta, log on to https://www.uemedgenta.com.
by | Dec 19, 2024 | Business
Asuene Inc. and its subsidiary, Asuene APAC, have been selected for the Japanese Ministry of Economy, Trade, and Industry’s (METI) FY2023 supplementary “Grant for The Global South Future-Oriented Co-Creation Project.”
This initiative aligns with one of AZEC’s (Asia Zero Emissions Community) “10-Year Action Plans”: improving industrial competitiveness through greenhouse gas (GHG) emissions visibility across entire supply chains. Through this program, we will implement a demonstration project to assess GHG emissions and evaluate/manage ESG data via supply chain integration in key APAC nations: India, Thailand, Malaysia, Indonesia, the Philippines, Vietnam, and Singapore.
Background of the Demonstration Project
Achieving net-zero by 2050 requires urgent, global measures to tackle climate change, including GHG reductions. Amid rising implementation of carbon taxes and mandatory disclosure requirements for corporate CO2 emissions, these trends are accelerating rapidly across APAC.
APAC holds a central position in global supply chains, especially in manufacturing. However, key challenges include insufficient regulatory readiness and underdeveloped data collection infrastructures to address GHG emissions effectively. For Japanese corporations operating locally, robust solutions to manage stricter carbon taxes and environmental regulations are in high demand.
As a climate tech leader, Asuene specializes in decarbonization and ESG services. Our climate cloud platforms, “ASUENE” for CO2 emissions tracking and reduction, and “ASUENE ESG” for ESG evaluation and management, support businesses worldwide. “ASUENE” provides end-to-end solutions in emissions calculation (Scope 1–3), carbon footprint assessment, reduction, offsetting, environmental data management, and reporting, all in compliance with the GHG Protocol. Similarly, “ASUENE ESG” allows supply chains to enhance their ESG management and transparency.
With over 25,000 clients globally, including APAC firms, our tools facilitate sustainable corporate governance under a unified platform. Asuene APAC, established in Singapore in November 2022, has further driven service expansion and partnerships, enabling growth in APAC manufacturing, a region pivotal to achieving net-zero and industry-standard adoption globally.
Given these developments, Asuene Inc. and Asuene APAC have been awarded METI’s “Grant for The Global South Future-Oriented Co-Creation Project.”
Our Commitment
With this grant, Asuene and Asuene APAC aim to serve APAC manufacturing and construction industries—key players facing rising demands for GHG reduction and sustainable supply chains. We will deliver systems that enable effective data collection, evaluation, and management of GHG emissions and ESG-related factors. By tailoring solutions through localized research and system optimization, we will address regulatory and operational challenges unique to each country. This initiative will help resolve GHG assessment and supply chain management issues while driving decarbonization and ESG-oriented management.
This project also supports AZEC’s overarching action plan for GHG visualization and industrial competitiveness improvement through supply chain transparency. In collaboration with AZEC, we aim to expand markets that reward CO2 reduction efforts, helping businesses with APAC operations build sustainable supply chains and enhance their competitive edge in decarbonization and ESG governance.
By doing so, Asuene contributes to both strengthening regional industrial competitiveness and global net-zero realization.
Overview of the “Grant for The Global South Future-Oriented Co-Creation Project”
This program addresses critical socio-economic challenges in Global South regions, including industrial vulnerabilities, healthcare, disaster management, and food security. It leverages digital and emerging technologies to deliver autonomous, swift, and innovative solutions.
By fostering collaborative business models between Japanese and local businesses, the program supports industrial development and societal advancement. This initiative aims to strengthen Japanese industries through technology transfer, innovation creation, and resilient supply chains, ultimately laying a foundation for sustainable business ecosystems beyond mere financial returns.
The Global South Future-Oriented Co-Creation Project: https://gs-hojo-web.jp/
by | Dec 19, 2024 | Business
Kuala Lumpur, Malaysia – Gelly Wee Wedding Gown, renowned for its exquisite bridal collections, has launched its much-anticipated December Mystery Box Campaign. This festive season, brides-to-be who rent a wedding gown from Gelly Wee will receive incredible gifts and stand a chance to win lavish prizes, including round-trip flight tickets to dream destinations and luxury items.
In line with Gelly Wee’s commitment to pampering and delighting every bride, the December Mystery Box Campaign brings excitement and glamour to the wedding preparation process. From now until the end of December, every customer who books a wedding gown rental will receive a Mystery Box containing delightful surprises.
Kuala Lumpur, Malaysia – Gelly Wee Wedding Gown, renowned for its exquisite bridal collections, has launched its much-anticipated December Mystery Box Campaign. This festive season, brides-to-be who rent a wedding gown from Gelly Wee will receive incredible gifts and stand a chance to win lavish prizes, including round-trip flight tickets to dream destinations and luxury items.
In line with Gelly Wee’s commitment to pampering and delighting every bride, the December Mystery Box Campaign brings excitement and glamour to the wedding preparation process. From now until the end of December, every customer who books a wedding gown rental will receive a Mystery Box containing delightful surprises.
Exclusive Prizes in the Mystery Box
Brides have the chance to win the following luxurious prizes:
Round-Trip Flight Tickets to breathtaking destinations such as Korea, Japan, Hong Kong, and Bali.
An exclusive Louis Vuitton Vivienne Doll.
A stunning Berta Ball Gown, known for its unparalleled elegance and craftsmanship.
Melix Hair Shampoo to keep your locks luscious and wedding-ready.
Numerous other thoughtful and elegant gifts designed to celebrate and spoil every bride.
December Delights Await You
“We’ve always believed that every bride deserves to feel special and celebrated,” said Gelly Wee, founder and creative director of Gelly Wee Wedding Gown. “With our December Mystery Box Campaign, we’re bringing an element of surprise, luxury, and joy to the wedding experience. There’s no better way to end the year than by giving our brides the chance to win amazing prizes while preparing for their big day.”
An Invitation to Unforgettable Moments
This December, Gelly Wee invites all brides-to-be to become their valued guests and experience an unparalleled level of care and excitement. Whether it’s the thrill of winning an international trip, the delight of receiving a luxury collectible, or simply enjoying the elegance of a Gelly Wee wedding gown, this campaign promises unforgettable memories.
Don’t miss this limited-time opportunity to be part of Gelly Wee’s most thrilling campaign yet. Appointments are filling fast, so book your gown now and claim your Mystery Box!
For more information and to make your reservation, visit Gelly Wee Wedding Gown’s official instagram.
by Ferry Bayu | Dec 19, 2024 | Business
ASUENE, a carbon accounting platform developed by ASUENE Inc., will begin offering a white label version of the service. PT Bank SMBC Indonesia TBK, a major bank operating in Indonesia and a consolidated subsidiary of the Sumitomo Mitsui Financial Group, has introduced the white-label version of ASUENE as the optimal tool to support the decarbonization and ESG management of local corporations, and has begun selling it to its corporate clients.
Background
Following the Japanese government’s declaration of carbon neutrality by 2050, companies are required to reduce CO2 emissions not only within their own operations but also across the entire supply chain, including their business partners.By March 2027, the SSBJ standards will be mandatory for companies with a market capitalization of over 3 trillion yen, further accelerating decarbonization efforts, particularly among large corporations.
ASUENE will promote the white label provision of its “ASUENE”, a carbon accounting platform. Companies using the white label service can customize the logo and set up their own domain, enabling them to support the decarbonization and ESG management of their supply chain and affiliated companies using “ASUENE”.
In November 2024, as part of this initiative, ASUENE formed a business partnership with SMBC Indonesia, and will support the provision of the white label “ASUENE” to SMBC Indonesia’s customer base, which includes over 300 listed and major companies in their investment and financing portfolio.
Features
Asuene will not only collaborate with financial institutions but also work with companies across domestic and international supply chains, including those in the manufacturing sector.
Through expanded collaborations across industries, we will leverage the expertise of“ASUENE”, a carbon accounting platform with the No. 1 implementation track record in Asia, to support companies in their decarbonization management efforts.And we will contribute to the realization of a carbon-neutral society on a global scale, both domestically and internationally.
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